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Businessman in the dock over $1,2m

HARARE – A Bulawayo-based businessman was hauled before the courts yesterday after he allegedly externalised $1,2 million to Botswana without the Reserve Bank of Zimbabwe’s (RBZ) authority. Farid Shadat, 45, of Baxendale Road in Khumalo in Bulawayo appeared before Harare magistrate Josephine Sande charged with contravening section 5(1) (a) (ii) of the Exchange Control Act…

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